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Auction 14-103

Real Estate Foreclosure Auction 14-103
Ranch Home and (3) Cottages
RE:CHANNEL VIEW COTTAGES
6 Litchfield Lane, Wells, Maine
Wednesday, April 23, 2014 at 10AM


Real Estate: Consists of a .69+/- acre corner parcel located in Wells. The property is located on the corner of Drakes Island Rd. and Litchfield Ln. and is improved with a ranch style home and (3) cottages. The home is designed with a kitchen, living room, (2) bedrooms, full bath and a 2-car garage. The (3) cottages have a kitchen, living area, (2) bedroom and a bath respectively. Amenities to this property include a pool and outbuildings. Reference Wells Tax Map 144, Lot 12.

Preview: Monday, April 7, 2014 from 10-11AM

Directions: From I-95 S, take exit 19 and take left onto Rt. 109. Continue for approx. 1.6 miles and take left onto Rt. 1. Go 1.1 miles and take right onto Drakes Island Rd. Follow .1 miles to property on left.

Terms: A $20,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Company (deposited with the Auctioneer as a qualification to bid), with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments, whether or not of record in the Registry, as well as all real estate transfer taxes assessed on the transfer. Conveyance of the property will be by quitclaim deed without covenant. The highest bidder will be required to execute a purchase and sale agreement with the bank at the time and place of the auction. All other terms, including any modifications of or additions to the terms set forth above, will be announced at the auction. For a Property Information Package containing legal and bidding documents, visit KeenanAuction.com or call Auctioneer’s office at (207) 885-5100 and request by auction number 14-103. Richard Keenan #236. Our 42nd Year and 6,639th Auction.

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